Can they provide you with school ratings, crime statistics, area demographics and other important metrics for analyzing a neighborhood?

I also haven't figured out the cost savings on not renting as well because I couldn't find a metric to calculate the growth rate of rental prices in the area, however for the same bedroom, sqft, and area the median rental price is around $2,200 - $2,500Excel Spreadsheet of Analysis

The metrics seem to have been working in investors favor for about 10 years.

Also any tried and true metrics for determining a good deal with vacant lots would be very useful. 

This would equate to $1,550 per month over the course of 50 months which fits into the 2% rule...I ask this because, in my opinion, this is a pretty good deal for me and I would like to use a simple mathematical metric for evaluating purchases like this in the future.Does anyone have an idea on how I could evaluate this correctly?

Because it does not paint a full picture of how the two investment compare beyond the current point in time and it does not help identify exit points where the investment could be - or should be - disposed.After all that, I'm sure it will come as no surprise to you that we do not make an investment decision based on a single ratio or metric.  

(We also have a minimum profit # dependent on the ARV)I say currently using 30% because we'll periodically adjust the % based on other economic metrics we monitor.

Part of the mortgage process is affordability, and a key metric of this is the 28/36 ratio.

We're an active lending in the 1-4 conventional space but eventually we all make that transition into the 5+ MFH space which requires different metrics to adhere to (debt service coverage ratio, net worth, liquidity, and experience) that is not cared for in the conventional space.The conventional space is mainly ran through AUS or automated underwriting systems for 1-4 unit properties when it comes to fannie mae or freddie mac.Its good to have the capability to do both so you can seamlessly move from one type of financing to another and have the entire toolbox of loan products available to you (private money loans PML @Beth Johnson, HML or hard money loans/bridge, conventional, commercial variants (there are large banks, small communities, regionals, credit unions, and fannie freddie agency in the 5+ space too, along with Life companies or LifeCo, CMBS collateralized mortgage back securities).Let me know what questions might come up on your end.

Regarding your question on how to calculate value, this size property is tough because many investors in this size still base price on a per unit basis, gross rent multiplier or other metric.